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Jun 4, 2014
06/14
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bill this last year, we could have already seen up to $80 billion of economic growth, $20 billion of deficit reduction, 50,000 new jobs, $50 billion more in the social security trust fund, $2 billion of revenue for state and local governments and 40,000 more brilliant stem graduates -- science, technology, engineering and math -- to stay in the united states instead of being told to go home. instead, we haven't been able to achieve any of these important gains. why is that? it's because the house has refused to do anything -- underline "anything" -- to try and fix our broken immigration system. to be clear, the real problem is not that there's a difference of opinion between a house bill and a senate bill on immigration that can't be reconciled. there is no house bill. we're happy to meet our colleagues in the house part of the way. we love to sit down and negotiate. but there is no house bill. so the problem is not that the two sides are irreconcile hrabl. it is that the one side refuses to do anything. the problem is that house republicans is completely abdicated their responsibility to ad
bill this last year, we could have already seen up to $80 billion of economic growth, $20 billion of deficit reduction, 50,000 new jobs, $50 billion more in the social security trust fund, $2 billion of revenue for state and local governments and 40,000 more brilliant stem graduates -- science, technology, engineering and math -- to stay in the united states instead of being told to go home. instead, we haven't been able to achieve any of these important gains. why is that? it's because the...
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Jun 17, 2014
06/14
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social security faces a 62 billion-dollar deficit this year. some folks say that it's in fine shape. the tax deficit would be another 62 million coming out and the benefits coming in. the primary trust fund would go bankrupt in just over 20 years which when you think about it we are at the point those that are retiring today most will be alive at the time when the social security trust fund goes belly up. and as you all know that means 25% cuts to benefits unless we change the law. as of this is happening now to the folks that are currently moving from working into retirement. social security disability trust fund goes bankrupt in 2017, just around the corner. the medicaid trust fund in just over a decade. so obviously these programs need to be modernized and reformed into the longer we wait the more painful that he will be. if we are going to do that of course we are going to have to take some tough steps and it is going to take reaching across the aisle and it's going to take both parties being involved and just as it was the 1980s the last t
social security faces a 62 billion-dollar deficit this year. some folks say that it's in fine shape. the tax deficit would be another 62 million coming out and the benefits coming in. the primary trust fund would go bankrupt in just over 20 years which when you think about it we are at the point those that are retiring today most will be alive at the time when the social security trust fund goes belly up. and as you all know that means 25% cuts to benefits unless we change the law. as of this...
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Feb 10, 2014
02/14
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how big is that deficit? calculations at our hearing show about it's $6.6 trillion. that's a big chunk of change. that is a huge hole in the future. so when you look at what's happening, half of americans, half of americans have less than $10,000 in savings. as i talk and as we -- as we look at this, we have to remember that retirement has always been thought of as a three-legged stool. one leg is a pension. one leg is savings. and the other leg is social security. so what's happening now is that on the retirement pension system, the savings systems, we're falling down. social security is still strong. i'll have more to say about that. but what we have to do is to look at how much people have in savings. half of all americans today working -- that are working today have less than $15,000 in savings -- less than $10,000 in savings. have less than $10,000 in savings. now, when i came to the congress in the 1970's, one out of every two workers had a pension. that means they had a pension that would pay them a monthly income until the day they died. and if they died, the
how big is that deficit? calculations at our hearing show about it's $6.6 trillion. that's a big chunk of change. that is a huge hole in the future. so when you look at what's happening, half of americans, half of americans have less than $10,000 in savings. as i talk and as we -- as we look at this, we have to remember that retirement has always been thought of as a three-legged stool. one leg is a pension. one leg is savings. and the other leg is social security. so what's happening now is...
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Jul 17, 2014
07/14
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economy jobs deficit obamacare is still in the mix. you can see the track heading back towards march has been fairly stable. .. >> as we said, our party is tied, but if you look at interest, seven to nine, six to seven, zero f. five, if you are 89 we have a significant lead that trickles down. it and what you are seeing is if there is support or opposition. here is what we are seeing. the president is that a significantly higher amount of people. and when you overlay intensity, here is what you see. they want to send a signal. there seems to be an enthusiasm gap among democrats. i know i am ripping through this . and just something that we track that we are very focused on, state-wide races, you have seen us tighten it up. we have seen it move our way since june and july. the border crisis and other factors driving the national narrative. but we have a problem. the problem is that democrats have a lot more money, so we fight that every day. this is the environment that we are in. the democrats to a great job of talking about the help t
economy jobs deficit obamacare is still in the mix. you can see the track heading back towards march has been fairly stable. .. >> as we said, our party is tied, but if you look at interest, seven to nine, six to seven, zero f. five, if you are 89 we have a significant lead that trickles down. it and what you are seeing is if there is support or opposition. here is what we are seeing. the president is that a significantly higher amount of people. and when you overlay intensity, here is...
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Jan 8, 2014
01/14
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it had no tax increases, had net deficit reduction in it, barely, but some, it didn't do everything but it set those budget levels so we now have caps we can work against so we can begin the appropriations process which involves oversight that has not been done appropriately for four years now, involves prioritizing spending that has not been done, frankly, the agencies and departments have been on their own with these so-called continuing resolutions because there hasn't been the constitutional requirement that the congress appropriate every dime, that's our duty, our constitutional duty, the power of the purse. that simply hasn't happened here. i think the budget is important. by setting those caps, we made statements to the american people we're going to stick to these budget caps, both on the discretionary side on the smaller part of the budget that we appropriate every year and also on the mandatory side. those caps are violated by unemployment insurance being extended without paying for it. and so subject to a point of order on the floor of the house or the senate. and frankly, i
it had no tax increases, had net deficit reduction in it, barely, but some, it didn't do everything but it set those budget levels so we now have caps we can work against so we can begin the appropriations process which involves oversight that has not been done appropriately for four years now, involves prioritizing spending that has not been done, frankly, the agencies and departments have been on their own with these so-called continuing resolutions because there hasn't been the...
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Feb 26, 2014
02/14
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, increasing the deficit. so let me say a word about this. unlike many expenditures, including the wars in iraq and afghanistan, the truth is that this bill will not add one penny to the deficit. and let me repeat, this bill will not add one penny to the deficit. the congressional budget office, the nonpartisan scorekeeper, has estimated that mandatory spending in this legislation will total $2.88 billion over the next decade. all of this mandatory spending is completely offset, not by the overseas contingency operations or o.c.o., but through more than $4.2 billion in actual savings from programs within the jurisdiction of the senate veterans' affairs committee. as a result, c.b.o. has determined that overall mandatory spending -- mandatory spending in this bill will be reduced, will be reduced, by more than $1.3 billion. in addie mandatory spending, this bill authorizes $18.3 billion in discretionary spending over the next five years to improve the lives of our nation's veterans and their families. mr. presi
, increasing the deficit. so let me say a word about this. unlike many expenditures, including the wars in iraq and afghanistan, the truth is that this bill will not add one penny to the deficit. and let me repeat, this bill will not add one penny to the deficit. the congressional budget office, the nonpartisan scorekeeper, has estimated that mandatory spending in this legislation will total $2.88 billion over the next decade. all of this mandatory spending is completely offset, not by the...
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Apr 10, 2014
04/14
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we have a deficit in infrastructure of $3 trillion. it wasn't much better a couple years ago. so what we brought believe that to -- that bill to the floor and this great amendment process, they want, what -- they wanted to stop women from getting contraceptives. that held things up a month, a month, before they got some sense and withdrew that. so, madam president, the republicans made a decision a little more than five years ago to oppose everything that president obama wanted or tried to do and they've stuck with that. it's not been good for the country and we have situations just like we have here. mr. cornyn: mr. president, would the senator yield for a question? mr. reid: sure. mr. cornyn: the majority leader says there is important work for the senate to do and i can think of one urgent thing we could do today if the majority leader would cop sent. the house has passed the reauthorization of the debbie smith act, which is money that congress has appropriated to the department of justice for grants to local law enforcement agencies and forensic labs to test unprocessed ra
we have a deficit in infrastructure of $3 trillion. it wasn't much better a couple years ago. so what we brought believe that to -- that bill to the floor and this great amendment process, they want, what -- they wanted to stop women from getting contraceptives. that held things up a month, a month, before they got some sense and withdrew that. so, madam president, the republicans made a decision a little more than five years ago to oppose everything that president obama wanted or tried to do...
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Sep 16, 2014
09/14
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now, this refinancing bill would not add a single dime to the deficit. it is fully paid for by closing tax loophole that right now lets millionaires and billionaires pay less in taxes than middle-class families. so the vote on our student loan refinancing proposal asks senators to make a simple choice: protect billionaires from paying their "fair" of taxes or protect student loan borrowers who worked hard to get an education and are struggling to stay afloat. protect the billionaires who've already made it big or help young people who are still trying to build a future. a majority of the senate, including every democrat, every independent, and three republicans sided with students and supported moving forward on this bill. but the rest of the republicans blocked it. now, we heard a lot of excuses from those who oppose the bill. some republicans suggested that the benefit for our young people on this bill is small. well, i disagree. putting billions of dollars in federal student loan profits back into the pockets of americans who worked hard to get an edu
now, this refinancing bill would not add a single dime to the deficit. it is fully paid for by closing tax loophole that right now lets millionaires and billionaires pay less in taxes than middle-class families. so the vote on our student loan refinancing proposal asks senators to make a simple choice: protect billionaires from paying their "fair" of taxes or protect student loan borrowers who worked hard to get an education and are struggling to stay afloat. protect the billionaires...
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Sep 16, 2014
09/14
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reported in august if current laws remain unchanged, growing budget deficits over the long term will push the debt even higher. yet today we're considering legislation to continue discretionary funding on autopilot. the continuing resolution funds federal programs from december 11 at the current rate of $1.012 trillion. we won't have any debate, we'll have an up-or-down vote and spend another trillion dollars. outrage does nothing to -- the legislation does nothing do the fact that our gross domestic product will reach 74% by the end of this fiscal year, twice that of seven years ago and higher than any year since 1950. we're doing nothing to reverse c.b.o.'s projection that in 25 years, federal debt held by our constituents will exceed 100% of gross domestic product, everything that we produce in the united states in a year. the c.b.o. notes that this trend which i view as perilous cannot be sustained indefinitely. i asked my senate colleagues would what would happen if we adopted the same spending habits held by the government? i can tell you with little doubt over the long term we
reported in august if current laws remain unchanged, growing budget deficits over the long term will push the debt even higher. yet today we're considering legislation to continue discretionary funding on autopilot. the continuing resolution funds federal programs from december 11 at the current rate of $1.012 trillion. we won't have any debate, we'll have an up-or-down vote and spend another trillion dollars. outrage does nothing to -- the legislation does nothing do the fact that our gross...
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Apr 3, 2014
04/14
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if you raised taxes, it would be used to reduce the deficit. so now we have been able to switch that around so the rising of taxes are allowed to increase new spending. so these deficit reserve funds have been used by senator reid and the majority to pass or propose an additional $13 billion in spending above the caps already. now, the unemployment bill still triggers a long-term deficit point of order because it uses revenue timing shifts to conceal long-term deficit impact, so it's still in violation of the budget, even though two of the points of order are gone. we do have to look at the long-term deficit picture, and it's good that we still at least have that point of order that we can raise. we can't just spend today because it fits within the ten-year window and somehow looks okay, whereas we know in the out years it's going to add to the deficit of the united states. so the budget drafters and the b.c.a. people have got language in to prohibit that, rightly so. the problem is we won't adhere to it. last year, we paid our creditors $221 b
if you raised taxes, it would be used to reduce the deficit. so now we have been able to switch that around so the rising of taxes are allowed to increase new spending. so these deficit reserve funds have been used by senator reid and the majority to pass or propose an additional $13 billion in spending above the caps already. now, the unemployment bill still triggers a long-term deficit point of order because it uses revenue timing shifts to conceal long-term deficit impact, so it's still in...
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Jan 9, 2014
01/14
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and finally, we can also take the remainder of the savings and afly to the deficit. so again, fix tax abuse where there has been fraud, rampant fraud found by investigations, by requiring a social security number, just like the earned income tax credit, and in return it is a three-for. we can pay for the three-month unemployment extension on this floor, we can fix the unfair cut to military retirees and to our wounded war yes warriors, and wn help reduce our deficit. the presiding officer: the senator's time has expired. mr. reid: madam president? the presiding officer: the majority leader. morning business is closed. under the previous order, all postcloture time with respect to the motion to proceed to s. 1845 is considered expired. mr. leader. the clerk will report the bill. the clerk: calendar number 265, s. 1845, a bill to provide for the extension of certain unemployment benefits, and for other purposes. mr. reid: madam president? the presiding officer: the majority leader. mr. reid: this is like ground-hog's day, because this is a picture we have already seen.
and finally, we can also take the remainder of the savings and afly to the deficit. so again, fix tax abuse where there has been fraud, rampant fraud found by investigations, by requiring a social security number, just like the earned income tax credit, and in return it is a three-for. we can pay for the three-month unemployment extension on this floor, we can fix the unfair cut to military retirees and to our wounded war yes warriors, and wn help reduce our deficit. the presiding officer: the...
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Dec 2, 2014
12/14
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also the deficit. think about this, madam president. when i came in 2009, the annual deficit in this country was $1.4 trillion. today it's $480 billion. it's dropped by a trillion dollars per year. now, do we want it to be zero? yes. do we want to have a surplus so we can start paying off the debt? slowl. but you actually have to get recovery first get some treatment. that's what we have been doing. and then reinvest into the future. and that means infrastructure, education, the things that matter to everyday americans and everyday alaskans. but i sit here and i listen to these comments, and today i -- it happened a little bit before 12:30 before we took our caucus break but we break at 12:30. i was going to go home. and then i turned -- my mistake. i turned on the station and i heard the commentary. i thought jacob is going to have to wait a little bit for dinner and i'm going to have to come down here. it amazed me. exports, business we create in this country and we ship out up 37% over the last several years. now, i'll give you an ex
also the deficit. think about this, madam president. when i came in 2009, the annual deficit in this country was $1.4 trillion. today it's $480 billion. it's dropped by a trillion dollars per year. now, do we want it to be zero? yes. do we want to have a surplus so we can start paying off the debt? slowl. but you actually have to get recovery first get some treatment. that's what we have been doing. and then reinvest into the future. and that means infrastructure, education, the things that...
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May 1, 2014
05/14
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this bill makes the deficit worse. exacerbates the confidence that americans have in their fiscal responsibility of their countries, and puts us in a worse place. so i would hope, mr. leader, that before this bill comes to the floor, that you and the rules committee and mr. camp, as he did in the bill he offered to this house, which was, frankly, miffed out of hand, -- disdismissed out of hand because it made tough decisions. this bill makes no tough decisions and has a tax cut and all the candy, none of the spinach. it is all good and nobody has to pay the price. nobody has to take responsibility. i think that's lamentable and i would hope that before this bill comes to the floor, there would be a way to pay for this bill. i want to suggest to you that there is a way to pay for it. there is a way to pay nor the other extenders the committee wants and that is by passing a comprehensive immigration bill. mr. boehner indicated that was not being done because it was tough. and people didn't want to too tough things. i und
this bill makes the deficit worse. exacerbates the confidence that americans have in their fiscal responsibility of their countries, and puts us in a worse place. so i would hope, mr. leader, that before this bill comes to the floor, that you and the rules committee and mr. camp, as he did in the bill he offered to this house, which was, frankly, miffed out of hand, -- disdismissed out of hand because it made tough decisions. this bill makes no tough decisions and has a tax cut and all the...
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Jan 7, 2014
01/14
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now, we already have dealt with deficits, and we continue to deal with deficits. now, i want to shoi the progress we've made -- i want to show you the progress we've made under president obama. now, this is something you never hear from the republicans. they would make you feel that deficits are raging, as they were under george w. bush. when president obama took over, he inherited a $1.4 trillion deficit from george bush. and george bush inherited surpluses from bill clinton. it took him -- and i'm exaggeratexagerating -- 15 minut two wars on a credit card. no problem, no offsets. tax cuts to billionaires. no problem, no offset. and the deficit soared to $1 bo- $1.4 trillion. when president obama came in he not only had to deal with raging deficits, he had to deal with the worst recession since the great depression, and all you hear is -- from the republican side -- this president didn't do enough here, didn't do enough ... nothing is enough. nothing is enough. we are now in a situation where this deficit has been cut in half -- cut in half, mr. president. down t
now, we already have dealt with deficits, and we continue to deal with deficits. now, i want to shoi the progress we've made -- i want to show you the progress we've made under president obama. now, this is something you never hear from the republicans. they would make you feel that deficits are raging, as they were under george w. bush. when president obama took over, he inherited a $1.4 trillion deficit from george bush. and george bush inherited surpluses from bill clinton. it took him --...
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Sep 10, 2014
09/14
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it's true that we're going to run $500 billion in a deficit -- at least $500 billion. that's about $1,400 a person we're spending more than what we're taking in this year, and we're charging it to the 2 and 3 and 5 and 6-year-olds in this country today. those are true statements. is that anywhere close to integrity? is there any moral value in mortgaging the future of the next generation? i think not. i've listened to a lot of the speeches on the floor this week. i hardly ever come down to talk. i talk about once every two weeks now, since we have no opportunity to offer amendments or debate our amendments. but i just wonder what the american people must be thinking about what we're not doing, what we're not addressing. the problems that are unfixed that need a fix, that need a bipartisan solution, that need compromise, that need the power of the original senate with the rights of minority and the majority running towards a compromise that gives us the best we can get based on where we are as a country. there's no opportunity for that anymore in this body. we don't pas
it's true that we're going to run $500 billion in a deficit -- at least $500 billion. that's about $1,400 a person we're spending more than what we're taking in this year, and we're charging it to the 2 and 3 and 5 and 6-year-olds in this country today. those are true statements. is that anywhere close to integrity? is there any moral value in mortgaging the future of the next generation? i think not. i've listened to a lot of the speeches on the floor this week. i hardly ever come down to...
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Feb 12, 2014
02/14
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we've got a deficit and a debt. we've got to address our deficit and debt and so we've got to make sure that we're paying for things. and we absolutely can do that in this case. and in fact we've put forward amendments to do just that. now, the amendment that i have -- the first amendment that i joined in putting affor puttinge that was led by senator kelley ajot, the senator from new hampshire. now, it fully covers the cost of fixing the coal lavment the way it worked, it covered that cost by simply requiring that the additional child tax credit statute is properly enforced. let me explain that. what it requires is that families with children who apply for the additional child tax credit must have social security numbers for those children. this is a simple, straightforward enforcement provision to ensure that the law is followed. and why wouldn't we enforce the law, make sure that it's enforced? i believe that's an important part of our job, after all. in fact, i also believe that the treasury department supports
we've got a deficit and a debt. we've got to address our deficit and debt and so we've got to make sure that we're paying for things. and we absolutely can do that in this case. and in fact we've put forward amendments to do just that. now, the amendment that i have -- the first amendment that i joined in putting affor puttinge that was led by senator kelley ajot, the senator from new hampshire. now, it fully covers the cost of fixing the coal lavment the way it worked, it covered that cost by...
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Jan 16, 2014
01/14
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how about looking at our deficit. let's look at that, something the republicans claim is a very central part of them. this is it. $1.4 trillion deficit when george bush left office. down now to 680, going down to 560, falling at the fastest rate in many, many year. just like health care costs are not rising the way they used to. do you think we'd hear one word about it on the other side? no. no. even on foreign policy. even on foreign policy. politics used to stop at the water's edge. senator grassley has an historic perspective. i do too. politics used to stop at the water's edge when it came to foreign policy. no more. no more. but you would never know that the deficit's been cut in half and you would never know that eight million private-sector jobs have been created if you listen to my friends on the other side, because they can't give any credit to president obama. but history will. history will. now the last thing i'm going to talk about is health care. i listened to my colleague, senator cruz. go after this pre
how about looking at our deficit. let's look at that, something the republicans claim is a very central part of them. this is it. $1.4 trillion deficit when george bush left office. down now to 680, going down to 560, falling at the fastest rate in many, many year. just like health care costs are not rising the way they used to. do you think we'd hear one word about it on the other side? no. no. even on foreign policy. even on foreign policy. politics used to stop at the water's edge. senator...
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Feb 4, 2014
02/14
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this is a deficit reduction bill that will save taxpayers $23 billion. all together we have cut spending, a portion of it, accounts through sequestration, the rest additional spending in this bill where we have voluntarily -- as i have often said voluntarily agreed to cut spending in our own area of jurisdiction, which by the way that $23 billion is more than double the amount of agricultural cuts recommended by the bipartisan simpson-bowles commission. and this is a reform bill that contains the greatest reforms to agricultural programs in decades. we have finally ended direct payment subsidies which are given to farmers even in good times. instead we move to a responsible risk management approach that only gives farmers assistance when they experience a loss. this farm bill is focused on the future, not the past. this bill is taking a critical step toward changing the paradigm of agriculture and the broad range of agricultural production in this country. and this bill has the support of over 370 groups and counting from all parts of the country and ide
this is a deficit reduction bill that will save taxpayers $23 billion. all together we have cut spending, a portion of it, accounts through sequestration, the rest additional spending in this bill where we have voluntarily -- as i have often said voluntarily agreed to cut spending in our own area of jurisdiction, which by the way that $23 billion is more than double the amount of agricultural cuts recommended by the bipartisan simpson-bowles commission. and this is a reform bill that contains...
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Jan 9, 2014
01/14
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it doesn't raise the deficit one penny. it sounds like a pretty good deal to me to help 1.4 million people. and i wouldn't -- i guess i can't help myself. mr. president, you go explain to somebody that's an unemployment -- long-term unemployed in the state of colorado, state of illinois, state of anyplace and they say, they didn't vote for this because they didn't get to offer unlimited amendments, even though there's a proposal that it wouldn't run up the deficit one penny, all paid for? it's hard for me to comprehend that, mr. president. you could explain that to someone, but that's their job to explain it, not me. my explanation is it is something the american people need and want and should have. i ask consent the senate now proceed to a period of morning business, senators allowed to speak for up to ten minutes each. the presiding officer: without objection. mr. reid: i ask the senate proceed to calendar number 271. the presiding officer: the clerk will report. the clerk: calendar number 271, senate resolution 312, cal
it doesn't raise the deficit one penny. it sounds like a pretty good deal to me to help 1.4 million people. and i wouldn't -- i guess i can't help myself. mr. president, you go explain to somebody that's an unemployment -- long-term unemployed in the state of colorado, state of illinois, state of anyplace and they say, they didn't vote for this because they didn't get to offer unlimited amendments, even though there's a proposal that it wouldn't run up the deficit one penny, all paid for? it's...
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Feb 7, 2014
02/14
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postal service deficit. and a discussion on energy policy with members of the house energy and commerce committee. ..
postal service deficit. and a discussion on energy policy with members of the house energy and commerce committee. ..
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Sep 17, 2014
09/14
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we have a budget deficit. if we were to repeal the income tax that deficit would be greater and we couldn't do that but we have to make sure cities and towns have the resources to assure there is public safety, their streets and road repair and the highway growth in the future to support her business growth we so badly need. >> that brings us to the end of our questions. now each candidate has one minute for a closing statement that we did flip do we did with aquinas is at the outset and mr. ducey you can go first. >> i want to thank graham and channel 12 in srp and the own -- arizona republic for this form tonight. it was a good day in the ducey campaign women and the national federation of independent businesses and the arizona chamber of commerce and industry have endorsed our campaign. kickstarting the economy is what animates my reason to run for governor. i've spent my entire adult life in the private sector and business building a brand now that is known around the country and now the world. i have been
we have a budget deficit. if we were to repeal the income tax that deficit would be greater and we couldn't do that but we have to make sure cities and towns have the resources to assure there is public safety, their streets and road repair and the highway growth in the future to support her business growth we so badly need. >> that brings us to the end of our questions. now each candidate has one minute for a closing statement that we did flip do we did with aquinas is at the outset and...
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Jul 10, 2014
07/14
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let me just say five years ago when this administration took office, they inherited a deficit that was $1 trillion. after the stimulus package it was $1.4 trillion. this year we expect it to have been reduced by two-thirds. is that good enough? shall we be satisfied and pat ourselves on the back? no but we're heading in the right direction. i think under shaun donovan's stewardship we will do just that. i believe the grand budget compromise we need must have three essential ingredients. number one, entitlement reform that saves money, saves those program for our children and grandchildren and does not savage old people or poor people. we need tax reform in not only -- the corporate rates for the rest of the world and forget about this inversion mess, the nonsense going on. do that but do tax reform in a way that generates additional revenues and reuse those revenues for deficit reduction. the third thing is to look at everything we do in government and say this, ask this question: how do we get a better result for less money? everything we do from a to z, and to act accordingly. o.m.b.
let me just say five years ago when this administration took office, they inherited a deficit that was $1 trillion. after the stimulus package it was $1.4 trillion. this year we expect it to have been reduced by two-thirds. is that good enough? shall we be satisfied and pat ourselves on the back? no but we're heading in the right direction. i think under shaun donovan's stewardship we will do just that. i believe the grand budget compromise we need must have three essential ingredients. number...
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Jul 9, 2014
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this package does not add a dime to our deficit. it actually raises $5 million over the next ten years for deficit reduction. outdoor recreation activities are part of the fabric of narnlg carolina, from the great smoky mountains national park in the west to the cape hatteras national seashore in the east, north carolinians are passionate about the outdoors, me included. hunting, fishing, hiking are a way of life, and many of these traditions have been handed down through my own family. according it a recent report, 1.4 million sportsmen and women call my state home, and that's nearly 20% of the state's entire population. in 2011, a total of 1.6 million people hunted or fished in north carolina. to put that in perspective, that's roughly the same amount of people that live in the raleigh and durham metropolitan areas. nationwide, over 37 million people participate in these activities. that's the equivalent of the population of the state of california. and while many of these men and women live in our rural arks they are a just as --
this package does not add a dime to our deficit. it actually raises $5 million over the next ten years for deficit reduction. outdoor recreation activities are part of the fabric of narnlg carolina, from the great smoky mountains national park in the west to the cape hatteras national seashore in the east, north carolinians are passionate about the outdoors, me included. hunting, fishing, hiking are a way of life, and many of these traditions have been handed down through my own family....
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Nov 5, 2014
11/14
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we inherited the biggest budget deficit of any country anywhere in the world. that is the immoral inheritance we received in the labour party. to is the prime minister aware that the region with the most text started outside of london and the fastest growth in private sector business over the last quarter and highs rising value of exports is northeast of england? and see if we with me we should stick to the long-term economic plan so we all have the benefit of? >> honorable friend makes an important point, and it is notable that when we look at things like small business creation, exports investment, the growth is coming from around the country including the northeast and that is a huge contrast under 13 years of labour. our economy for every 10 jobs created in the south, they only created one in the north. that is the record. that is the record of the last labour government. what we need to do is increase entrepreneurialism and startups in every part of our country. that's what startup loans are doing what the enterprise allowance is doing. there's a new spiri
we inherited the biggest budget deficit of any country anywhere in the world. that is the immoral inheritance we received in the labour party. to is the prime minister aware that the region with the most text started outside of london and the fastest growth in private sector business over the last quarter and highs rising value of exports is northeast of england? and see if we with me we should stick to the long-term economic plan so we all have the benefit of? >> honorable friend makes...
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Jul 7, 2014
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deficits? republicans blame the president even though since he took office, the deficit's been cut by more than half. and deficits would be lower still if our friends on the other side stopped fighting with us when we try to close tax loopholes likeninloopholes likex policies that rewards companies for shipping jobs overseas or passing more equitable income tax rules which would allow people like warren buffett to pay the same effective tax rate as his secretary. not a bad idea, would really help us. we'd get rid of that deficit. remember, when bill clinton was president, we wound up not only not having a deficit, we had a surplus. and when george w. came in, started a couple of wars, put them on the credit card, tax cuts to the rich, put that on the credit card, and we've been battling it ever since. now we have an influx of immigrants from central america. republicans blame the president even though it's house republicans who are blocking immigration reform that the senate already passed in a
deficits? republicans blame the president even though since he took office, the deficit's been cut by more than half. and deficits would be lower still if our friends on the other side stopped fighting with us when we try to close tax loopholes likeninloopholes likex policies that rewards companies for shipping jobs overseas or passing more equitable income tax rules which would allow people like warren buffett to pay the same effective tax rate as his secretary. not a bad idea, would really...
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Jan 7, 2014
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we need to be reducing our deficits, not voting to increase deficits. isn't that simple and plain? we need to be reducing deficits. we need to be working every day. the american people have told us to bring your spending under control, congress. wasteful washington spending is threatening america. so the federal government already taxes too much, it spends too much, it borrows too much, it regulates too much. it's time for us to live within our means, to balance our budget. and that includes finding offsets and spending savings to pay for any extension of unemployment insurance or any other really proposal for new spending. and this congress has not been doing it. i would note that "the new york times" recently jonathan weisman wrote this -- quote -- "the drive to extend unemployment insurance has put both parties into an awkward political positions. mr. reid opened the second session of the 113th congress monday by declaring -- quote -- "the rich keep getting richer, the poor keep getting poorer, and the middle class are under siege." it was hardly an endorsement for an economy en
we need to be reducing our deficits, not voting to increase deficits. isn't that simple and plain? we need to be reducing deficits. we need to be working every day. the american people have told us to bring your spending under control, congress. wasteful washington spending is threatening america. so the federal government already taxes too much, it spends too much, it borrows too much, it regulates too much. it's time for us to live within our means, to balance our budget. and that includes...
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Feb 26, 2014
02/14
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sides for restoring the benefits, could parents over how to pay for the benefit and their impact on the deficit. work continues when the senate gavels back and live coverage here on c-span2. >> yesterday, senate judiciary subcommittee held a hearing on solitary confinement. minnesota senator al franken has her prisons director, trust e-mail to the question on the sides of confinement. here is more. >> how big is a style? how big is the efforts out in solitary? >> the average size? >> yes, the size of the trends do. how big is that quite this is a human being we are talking about. how big is the cell? >> the average size of a cell -- i guess you are looking for the space? >> yes, the dimensions in feet and inches. the size of a cell that a person is kept in. i want to get some idea. am i asking this wrong? [laughter] i mean -- is what you are saying is there is no such thing as an average cell for solitary? typically, in the bureau of prisons, if someone is in solitary confinement, how big is the cell typically? >> the average size should be equivalent to six by four. >> okay, that is enhanced t
sides for restoring the benefits, could parents over how to pay for the benefit and their impact on the deficit. work continues when the senate gavels back and live coverage here on c-span2. >> yesterday, senate judiciary subcommittee held a hearing on solitary confinement. minnesota senator al franken has her prisons director, trust e-mail to the question on the sides of confinement. here is more. >> how big is a style? how big is the efforts out in solitary? >> the average...
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Jan 7, 2014
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we haven't come to grips with the deficit. the future consequences for our economy, children, grandchildren, future generations is something we're all going to be ashamed of if we don't try to impose some discipline. how do we do that? we start -- well, we tried many efforts going all the way back to simpson-bowles and all the major effort efforts and were uo get the president's support for any of those, even though he commissioned the simpson-bowles group, which is bipartisan. we have not been able to tbet that larg -- been able to get tt large effort in place that will put us on the path to fiscal health. when we have new programs, an extension of programs like this is, come before us, we can say, let's, one, reform it so that we really achieve what we want to acheervetion andachieve, and, ns make sure we don't add more taxpayer dollars to our deficit and debt. let's offset it with something. for those who say, we can't caught penny more, for goodness sakes ... the organizations -- the federal organizations, office of manage
we haven't come to grips with the deficit. the future consequences for our economy, children, grandchildren, future generations is something we're all going to be ashamed of if we don't try to impose some discipline. how do we do that? we start -- well, we tried many efforts going all the way back to simpson-bowles and all the major effort efforts and were uo get the president's support for any of those, even though he commissioned the simpson-bowles group, which is bipartisan. we have not been...
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Dec 12, 2014
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this opportunity deficit is not simply the result of globalization or technology or free trade. no, it's the result of politicians creating a welfare system that traps poor families in poverty, sometimes for generations at a time, and locks lower-skilled workers out of potential jobs, an education system that traps poor kids in bad schools and college students into a lifetime of debt, a health care system that locks the poor in second-chase care and erases what wage gains the middle-class families ever see, a tax system that unfairly discourages work, saving, investment, marriages and children. government policy today unfairly protects the privileges of those who have already climbed the ladder of success while putting that ladder out of reach to those who have not yet grasped its very bottom wrungs. on wall street, corporate profits continue to soar, and here in washington the influence economy booms and booms on. but almost everywhere else take-home pay is flat, jobs remain scarce, small businesses are struggling to grow, while new businesses are struggling even to get off the
this opportunity deficit is not simply the result of globalization or technology or free trade. no, it's the result of politicians creating a welfare system that traps poor families in poverty, sometimes for generations at a time, and locks lower-skilled workers out of potential jobs, an education system that traps poor kids in bad schools and college students into a lifetime of debt, a health care system that locks the poor in second-chase care and erases what wage gains the middle-class...
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Mar 4, 2014
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at a time when our deficits are falling at the fastest rate in 60 years we have got to decide if we are going to keep squeezing the middle class or if we will continue to reduce the deficit responsibly while taking steps to grow and strengthen the middle class. the american people have made clear time and again which approach they prefer. that is the approach my budget offers and it's why i'm going to fight for it this year and the years to come as president. >> the new c-span.org web site gives you have says to an incredible library of political events with more added each day through c-span's nonstop coverage of national politics, history and nonfiction books. find c-span's daily coverage of official washingtwashingt on are accessed more than 200,000 hours of archived c-span video. everythineverythin g c-span has covered since 1987 and our video is all searchable and viewable on your desktop computer, tablet or smartphone. just look for the prominent search bar at the top of each page. the new c-span.org makes it easy to watch what's happening today in you can and find people and even
at a time when our deficits are falling at the fastest rate in 60 years we have got to decide if we are going to keep squeezing the middle class or if we will continue to reduce the deficit responsibly while taking steps to grow and strengthen the middle class. the american people have made clear time and again which approach they prefer. that is the approach my budget offers and it's why i'm going to fight for it this year and the years to come as president. >> the new c-span.org web...
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Apr 2, 2014
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there is budget deficit. and then there's taxes. probably some others i've forgotten. if you were a domestic policy advisor to one of those candidates, would you suggest that they not only make their platform, i can get things done, but i can get tax reform done? >> you're talking to me? >> yeah. start with you. everybody else gets to answer it too. >> probably not. with a proviso. if the economy in 2016 looks like the economy today, i would not lead with tax reform. there would be a bunch of other economic issues that would come ahead of tax reform. if things look a lot better, and if, if the next congress, which i believe is the 114th surprises us by getting off the dime and passing, passing immigration reform, which is not impossible. though i keep on saying with each coming congress it is not impossible and it always is impossible but go figure, but then there might be, there might be space to move tax reform up to the frontier of issues. right now, no. >> karlyn, you mentioned that tax reform is always kind of in the middle. same question, if you were advising a p
there is budget deficit. and then there's taxes. probably some others i've forgotten. if you were a domestic policy advisor to one of those candidates, would you suggest that they not only make their platform, i can get things done, but i can get tax reform done? >> you're talking to me? >> yeah. start with you. everybody else gets to answer it too. >> probably not. with a proviso. if the economy in 2016 looks like the economy today, i would not lead with tax reform. there...
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Dec 2, 2014
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it will reduce the federal deficit by $25 billion through increased economic growth. and it will raise the average wages for all u.s. workers by .3%. the executive action the president has taken and the republicans have criticized will increase the productivity of our work force. how? by allowing those from undocumented immigrants, the spouses of highly skilled h-1-b visa holders to be part of a former economy and match the skills they have with the skills needed and entrepreneurial start-ups that they often create. and by the way, that's a fraction of the economic benefits of what we did here in a bipartisan basis that is sitting in the house of representatives for the last year and a half. the senate bill that we passed according to the congressional budget office, the nonpartisan scoring division of everything we do here, said that the bill that we passed will increase the gross domestic product of the united states by over 3% in 2023, that's less than nine years, and 5.4%, 5.4% in 2033, an increase of roughly $700 billion in 2023, and $1.4 trillion in 2033. it wil
it will reduce the federal deficit by $25 billion through increased economic growth. and it will raise the average wages for all u.s. workers by .3%. the executive action the president has taken and the republicans have criticized will increase the productivity of our work force. how? by allowing those from undocumented immigrants, the spouses of highly skilled h-1-b visa holders to be part of a former economy and match the skills they have with the skills needed and entrepreneurial start-ups...
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Feb 27, 2014
02/14
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even vote on the ranking member's veterans amendment, legislation i support that will not add to the deficit. i amal cosponsor of this legislation, which provides -- i am a cosponsor of this legislation, which provides advanced appropriations for v.a. mandatory accounts, improves services and benefits for victims of military sexual trauma, enhances benefits for survivors and dependents of deceased or disabled veterans, encourages the hiring of veterans, and unlike the sanders' bill is fully paid for. as for the iran sanctions language in the burr amendment, as i noted yesterday, there is significant disagreement between the president and many members from both parties in both the house and the senate concerning the best way to prevent iran from acquiring a nuclear weapon. the iranian regime has carried out its best attempt at a charm offensive to forestall not only the implementation but the legislative consideration of even tougher sanctions, should the regime fail to fulfill its commitments, according to november's interim agreement. the interim agreement included a joint plan of action, a
even vote on the ranking member's veterans amendment, legislation i support that will not add to the deficit. i amal cosponsor of this legislation, which provides -- i am a cosponsor of this legislation, which provides advanced appropriations for v.a. mandatory accounts, improves services and benefits for victims of military sexual trauma, enhances benefits for survivors and dependents of deceased or disabled veterans, encourages the hiring of veterans, and unlike the sanders' bill is fully...
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Jan 8, 2014
01/14
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so we've made a significant progress on deficit reduction. we have to do more but we have to do it sensibly and logically. and we have proposals that we've brought forward. and i must commend my colleague -- and this was on a bipartisan basis. we passed an immigration reform bill, for example, in this body and it's languishing in the house. but in that bill alone, we will -- and this has been scored by c.b.o. -- we will cut over the ten-year period another $1 trillion in the deficit which will get us to that target, very close to that target. and yet it's languishing in the house. if we can pass that, then this issue of deficit which has dominated and been very important over the last several years is something that we can practically resolve. and by the way, as i suggested in my colloquy with senator durbin, if we pass this legislation, that will help too in terms of economic growth, et cetera. there's many things we can do. again, i go back to this point. these people are in a desperate situation. you know, my constituent who wrote me, 30 y
so we've made a significant progress on deficit reduction. we have to do more but we have to do it sensibly and logically. and we have proposals that we've brought forward. and i must commend my colleague -- and this was on a bipartisan basis. we passed an immigration reform bill, for example, in this body and it's languishing in the house. but in that bill alone, we will -- and this has been scored by c.b.o. -- we will cut over the ten-year period another $1 trillion in the deficit which will...
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Apr 22, 2014
04/14
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washington journal, committee for responsible federal budget president mike mcginnis will talk about deficits and federal spending followed by irs national taxpayer advocate with a look at her annual report to congress that asks for a taxpayer bill of rights. later, the lee of young voters executive director robert baker looks at the role of younger voters in the political process in 2014 elections. plus your calls, tweets command facebook comments live every morning beginning at 7:00 a.m. eastern on c-span. >> in the south some people escaped from slavery and made the remote areas of the wilderness their home. sylviane diouf wrote a book on this topic, "slavery's exiles". this event was held last month in new york city. [applause] >> thank you for the introduction. i'm delighted to be here to play the role of questionnaire of sylviane diouf about her marvelous new book, "slavery's exiles". and at the end we will have a little time for questions from the audience. there's a microphone over there for that purpose. keep that in mind after we finished our conversation. just to remind you what wa
washington journal, committee for responsible federal budget president mike mcginnis will talk about deficits and federal spending followed by irs national taxpayer advocate with a look at her annual report to congress that asks for a taxpayer bill of rights. later, the lee of young voters executive director robert baker looks at the role of younger voters in the political process in 2014 elections. plus your calls, tweets command facebook comments live every morning beginning at 7:00 a.m....
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Mar 12, 2014
03/14
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increasingly unemployment, youth unemployment, and for this generation the countries worst peacetime deficit ever. is that a record if she is proud of? we are clearing up the mess she left behind. >> mr. speaker, the government's response to the storm damage to help fishermen restore is very much appreciated about the damage depends on the vital transport links that isn't something which local authorities can result entirely on their own. will the deputy prime minister in sure the delegation from the constituency can meet the appropriate ministers and officials so that we can seek to support to find a long-term resilience solution to this problem? >> i visited a constituency to seek myself the damage done to many communities by the terrible floods and the extreme weather in recent times i know how long he's been campaigning on this issue and i will ensure it takes place.
increasingly unemployment, youth unemployment, and for this generation the countries worst peacetime deficit ever. is that a record if she is proud of? we are clearing up the mess she left behind. >> mr. speaker, the government's response to the storm damage to help fishermen restore is very much appreciated about the damage depends on the vital transport links that isn't something which local authorities can result entirely on their own. will the deputy prime minister in sure the...
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Jan 14, 2014
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and even though in those days deficits were raging, here we've cut the deficit in half. we don't like that. we want to cut it more. i want to see it in balance. we surely should do what we just tried to do, mr. president -- extend unemployment compensation for a long period of time with a pay-for, wheys we tried to do for a short period of time without a pay-for. and help people keep their lives together. so we've had this american value since the 1950's, and for the first time that i can tell, we had one party, with the exception of one person, vote lock step against extending unemployment compensation to hardworking americans who are looking for work every week, every day. and i have their stories i'm going to put them in the record. they turned their backs on 1.5 million americans. in my state, 250,000 people. now, here's the thing. and i don't like to come and make these speeches, but the facts speak for themselves. leader reid, the majority leader, just offered a very important deal in broad daylight to the republicans, and i'm going to make a parliamentary inquiry,
and even though in those days deficits were raging, here we've cut the deficit in half. we don't like that. we want to cut it more. i want to see it in balance. we surely should do what we just tried to do, mr. president -- extend unemployment compensation for a long period of time with a pay-for, wheys we tried to do for a short period of time without a pay-for. and help people keep their lives together. so we've had this american value since the 1950's, and for the first time that i can tell,...
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Dec 10, 2014
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day the affordable care act began providing services and took only the revenue, they would have had a deficit. >> they started the day the affordable care act began, they would have showed a massive surplus. >> you are saying that
day the affordable care act began providing services and took only the revenue, they would have had a deficit. >> they started the day the affordable care act began, they would have showed a massive surplus. >> you are saying that
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Jul 10, 2014
07/14
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he said, look, if you pass tax cuts when you're in a deficit situation, all you're doing is borrowing more money and your kids are going to have to pay for it with interest so you're merely shifting the taxes from us to them. i'd never thought about it that way before. of course he was exactl exactly. if you cut taxes and cut expenditures at the same time, okay, that's legitimate public policy. but if you cut taxes and borrow the difference, you're really just shifting the cost to the next generation. and that's what we're doing. that's what we're doing right now. today. and we're doing it on all fron fronts. we're doing it on our federal debt and deficit posture and we're doing it in our infrastructure posture. this is going to cost all of us. the subject, which i neglected to clarify at the beginning, is the fact that the highway trust fund goes broke in just a few months. in fact, in a few weeks. funding from the federal government for highways, for infrastructure around the country will decline precipitously starting in augu august. and we're talking around here about a patch, abo
he said, look, if you pass tax cuts when you're in a deficit situation, all you're doing is borrowing more money and your kids are going to have to pay for it with interest so you're merely shifting the taxes from us to them. i'd never thought about it that way before. of course he was exactl exactly. if you cut taxes and cut expenditures at the same time, okay, that's legitimate public policy. but if you cut taxes and borrow the difference, you're really just shifting the cost to the next...
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Jan 14, 2014
01/14
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we've got to make sure as well if we put together this comprehensive approach on debt and deficit it will provide the kind of financial stability to our military families to make sure that those pensions, benefits and compensation packages will be there for themselves and for future people who serve. but that's for a future battle. right now we've got to finish the work that the appropriations committee started on getting rid of this unfair attack on the military colas that was included in the budget act. so i hope my colleagues will join my friend, senator kaine, senator shaheen and others that would replace the cuts to the military colas. the approach that we've taken would do this by closing a tax loophole that allows some corporations to actually avoid paying their fair share of taxes. there may be other alternatives as well. i'll look at any that make sure that are fair and reasonable and make sure that our military families don't get singled out. virginians have served with honor in our military for generations and i want to assure our servicemen and women that there is ample t
we've got to make sure as well if we put together this comprehensive approach on debt and deficit it will provide the kind of financial stability to our military families to make sure that those pensions, benefits and compensation packages will be there for themselves and for future people who serve. but that's for a future battle. right now we've got to finish the work that the appropriations committee started on getting rid of this unfair attack on the military colas that was included in the...
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May 7, 2014
05/14
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the shaheen-portman bill is deficit-neutral. it is estimated to save consumers $60 billion between 2014 and 2030, and create nearly 160,000 jobs by 2030. let me say having those jobs add to the economy after coming off this last month with almost 280,000 jobs in the private sector, this is a good sign to add more jobs to our economy. i filed an amendment to provide $5,000 tax credit toward the purchase of the efficient home heating and cooling appliances for families living in very high-energy states. examples: converting home for expensive heating fuel to cleaner, more efficient natural gas. or burning or clean burning wood stoves. even replacing old appliances with more, newer and more efficient ones can cut back on electric use and lower energy bills. for example, an energy star certified refrigerator must use at least 20% less energy than the current standard and 40% less energy than the standard from 2001. like many of my colleagues, the biggest disappointment has taken so long to deal with a very modest bill. and let's be
the shaheen-portman bill is deficit-neutral. it is estimated to save consumers $60 billion between 2014 and 2030, and create nearly 160,000 jobs by 2030. let me say having those jobs add to the economy after coming off this last month with almost 280,000 jobs in the private sector, this is a good sign to add more jobs to our economy. i filed an amendment to provide $5,000 tax credit toward the purchase of the efficient home heating and cooling appliances for families living in very high-energy...
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Feb 3, 2014
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the ryan-murray agreement includes 57 deficit-neutral reserve funds. operationally a reserve fund allows the chairman of the senate budget committee to adjust allocations of budget authority and outlays to a senate committee or committees, aggregate levels of budget authority, outlays and revenues and other appropriate levels prior to senate consideration. this allows the proposed legislation to avoid most spending and revenue-related budget points of order as long as the measure complies with both the subject matter and deficit neutrality instructions in the reserve fund. in the case of the farm bill, the ryan-murray budget numbers refers to the senate-based budget which garnered bipartisan opposition. so the budget, s. con res. 8, in section 313, gives the chairman of the budget committee the power to adjust the budget for any farm bill explicitly reauthorization of the farm bill -- quote -- "provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2013 through 2018 or the period of the total o
the ryan-murray agreement includes 57 deficit-neutral reserve funds. operationally a reserve fund allows the chairman of the senate budget committee to adjust allocations of budget authority and outlays to a senate committee or committees, aggregate levels of budget authority, outlays and revenues and other appropriate levels prior to senate consideration. this allows the proposed legislation to avoid most spending and revenue-related budget points of order as long as the measure complies with...
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Sep 16, 2014
09/14
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this piece of legislation does not increase the deficit and it does boost the economy particularly of tribes across the nation. here in the senate, senator heitkamp and i have introduced s. 1507, a companion bill to the one the house is considering. this piece of legislation has broad bipartisan support, more than 20 senators from alaska to georgia have joined us in this effort. i'm grateful for the members of the finance committee and the indian affairs committee who have lent their support to this legislation. not a member of either one of those committees but there are four tribes in kansas and i have an interest in their well-being as well as that of all native americans. native americans aren't seeking to play here by any different rules, in fact, it's quite the opposite, they simply want to enjoy the same benefits accorded any other government in our country. they've emphasized to me the principle of tribal sovereignty and self-government. this legislation reinforces those principles. more than 40 tribes in 240 states, a dozen national organizations and a number of regional trib
this piece of legislation does not increase the deficit and it does boost the economy particularly of tribes across the nation. here in the senate, senator heitkamp and i have introduced s. 1507, a companion bill to the one the house is considering. this piece of legislation has broad bipartisan support, more than 20 senators from alaska to georgia have joined us in this effort. i'm grateful for the members of the finance committee and the indian affairs committee who have lent their support to...
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May 13, 2014
05/14
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the thing is our infrastructure deficit is only going to get worse without action. we cannot meet the needs of growing country and a growing economy by simply maintaining our current level of effort. we must do more. over the next generation this will become even more apparent because the country will demand more of this transportation system than it ever has. by 2050 the system will need to move up to 100 million new people and 14 billion additional tons of freight almost twice what we currently do. even if congress today funded our transportation system at recent levels we would still be on the same track towards slower , less safe nation where rush-hour becomes a rush all afternoon. so what we need right now is to rally around a set of ideas to increase annual investment speed up our permitting and review systems at every level of government and ensure that future transportation projects do even more to grow jobs today and long into the future. that is why a little over a week ago the administration sent to grow america acted capitol hill. we need to bring these
the thing is our infrastructure deficit is only going to get worse without action. we cannot meet the needs of growing country and a growing economy by simply maintaining our current level of effort. we must do more. over the next generation this will become even more apparent because the country will demand more of this transportation system than it ever has. by 2050 the system will need to move up to 100 million new people and 14 billion additional tons of freight almost twice what we...
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May 14, 2014
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and people may not anticipate know that this is the key to our economic future and it will lower our deficits and/or our economy and bring in some of the most skilled people around the world. we want them to continue to come here and that is part of a competitive advantage to the rest of the world and our population is not aging is some populations are because of constantly replenished with folks who are go-getters. and we have this narrow window in the harder it is to get things done and it is harder and it will be a little bit more dysfunctional. and your voices are going to be absolute critical to that effort and this includes whether it is dealing with counterterrorism issues and this includes preventing activities like this from happening in the first place or dealing with natural disasters were our first responders are always right there on the scene day in and day out and your personal are doing heroic work and we are very grateful for that. and to think you, everybody. >> tonight on c-span2, a look at the government oversight of fannie mae and freddie mac and then a senate hearing on
and people may not anticipate know that this is the key to our economic future and it will lower our deficits and/or our economy and bring in some of the most skilled people around the world. we want them to continue to come here and that is part of a competitive advantage to the rest of the world and our population is not aging is some populations are because of constantly replenished with folks who are go-getters. and we have this narrow window in the harder it is to get things done and it is...
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Nov 3, 2014
11/14
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wager: the commerce and addressed spending and deficit. in order to reduce our public debt, you have to run surpluses. run surpluses. how many times in our nations history have we run surpluses quiets less than 10%. we've had public that as a nation since andrew jackson. the question i will answer directly as well as how large a data sake can we have is a nation to the size of our economy to have growth? you can cut all the spending in the world and you can set it on your table and balance your whole budget like you balance the federal budget. that underscores for me you don't understand the problem. we need growth in this nation. smart tax policy and investment over the long-term. private-sector growth solves budget deficits that you find to be too high and if you do run surpluses rippled the red in recent history in the clinton administration, you can reduce debt. you have to stop incurring budget data sake to find and engage note that an american mission, without an exit which alternately spends itself with that for which we have no lon
wager: the commerce and addressed spending and deficit. in order to reduce our public debt, you have to run surpluses. run surpluses. how many times in our nations history have we run surpluses quiets less than 10%. we've had public that as a nation since andrew jackson. the question i will answer directly as well as how large a data sake can we have is a nation to the size of our economy to have growth? you can cut all the spending in the world and you can set it on your table and balance your...
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Jan 15, 2014
01/14
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deficit reduction should not be accomplished by shifting the cost to the states and also through unfunded mandates. states should be given increased flexibility to create the efficiencies and to achieve results. congress should not impose maintenance efforts provisions on states as a condition of funding to the states. so let's go back and look at one year ago. one year ago last january i stood before you, and we reviewed the challenges that the states faced, and we highlighted our challenges for our vision for 2013. congress had just had and cat a last-minute new year's deal to resolve the budget impasse one year ago. congress avoids a march 1st sequestered by implementing solutions to reduce the deficit and promote economic growth. in february that it -- we join several other organizations in urging congress to complete a long overdue reauthorization of the elementary and secondary education act, fixing the flaws in the no child left behind bill. .. and restore the 15% set aside and the cash set aside or governors to create jobs to spur economic growth, to grow family income and to help
deficit reduction should not be accomplished by shifting the cost to the states and also through unfunded mandates. states should be given increased flexibility to create the efficiencies and to achieve results. congress should not impose maintenance efforts provisions on states as a condition of funding to the states. so let's go back and look at one year ago. one year ago last january i stood before you, and we reviewed the challenges that the states faced, and we highlighted our challenges...
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Mar 28, 2014
03/14
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i am sure i don't have to remind you that epa has done more than it's share of deficit reduction. it cost about $2 billion 2010 and it is disturbing that epa would be the first in line for additional spending reductions and that your request would be $7.9 billion this year with all of the environmental challenges we have. i share the chairman's concern about the deteriation of the aging water structure. i wonder if we should have o&ber up here so we can under why the administration is gutting state funds and proposing staffing reductions to 1500 full-time equivalents. 200 less than you will have on board this year. i appreciate your request to add over $35 million for federal and air regulation but we have seen what happened to those in the past. the reductions are mostly accepted and the increases are denied. so i appreciate your fiscally responsible request. but i question the ramifications it will have for the environment. year after year, when you propose cutting something, that is accepted when you propose increasing something it is rejected. but your mission remains as impor
i am sure i don't have to remind you that epa has done more than it's share of deficit reduction. it cost about $2 billion 2010 and it is disturbing that epa would be the first in line for additional spending reductions and that your request would be $7.9 billion this year with all of the environmental challenges we have. i share the chairman's concern about the deteriation of the aging water structure. i wonder if we should have o&ber up here so we can under why the administration is...
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May 13, 2014
05/14
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there are annual budget deficits of a blow your mind. the priorities seemed still to be on the elderly, special security, medicare. after that on defense. so clearly we are not prioritizing education. should we prioritize education? very clearly given what i've said the answer would be no, at least not before those other things. i would say this. the one area in which i am sympathetic with the students and the size of the loans is that the majority of the universities in this country of charging ever higher fees and not actually giving anything more and return, and i'm not just talking about the diminishing value of having a piece of paper the says you have a degree on it. the number of administrators in universities increases every day . the number of non teaching positions increases every day. the overhead increases. the quality of the education and educational staff does not. so there is role here for the universities themselves of their want people to make the decision to go there, there is role for them to restructure the way that t
there are annual budget deficits of a blow your mind. the priorities seemed still to be on the elderly, special security, medicare. after that on defense. so clearly we are not prioritizing education. should we prioritize education? very clearly given what i've said the answer would be no, at least not before those other things. i would say this. the one area in which i am sympathetic with the students and the size of the loans is that the majority of the universities in this country of...
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Feb 25, 2014
02/14
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our deficit has come down sharply in the short run, it's come down in the long run. our debt will be declining as a share of the economy for the next several years, but after about 2018, that debt will start rising as a share of the economy which is why we'll be putting forward more balanced measures on both the revenue side and the expenditure side to insure that that debt is continuing to decline. >> that was a portion of mr. furman's remarks from are earlier today. you can see his entire comments later in our schedule or online at c-span.org. >> the new c-span.org web site makes it easier than ever for you the keep tabs on washington, d.c. and share your finds via facebook, twitter and other social networks. easy search functions let you access our daily coverage of events. new tools make it simple to create short video clips and share them with your friends via facebook, twitter and other social networks, or you can send links to your video clips via e-mail. just find the share tools on our video player or look for the green icon links throughout our site. watch
our deficit has come down sharply in the short run, it's come down in the long run. our debt will be declining as a share of the economy for the next several years, but after about 2018, that debt will start rising as a share of the economy which is why we'll be putting forward more balanced measures on both the revenue side and the expenditure side to insure that that debt is continuing to decline. >> that was a portion of mr. furman's remarks from are earlier today. you can see his...